BIT:SICT

Stock Analysis Report

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Executive Summary

SICIT Group S.p.A. manufactures and sells amino acid and peptide-based fertilizers for agriculture and plaster industries in Italy. More Details

Rewards

Earnings are forecast to grow 28.3% per year

Risk Analysis

No risks detected for SICT from our risk checks.


Snowflake Analysis

Flawless balance sheet with reasonable growth potential.

Share Price & News

How has SICIT Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SICT is less volatile than 75% of Italian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: SICT's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.9%

SICT

-1.8%

IT Chemicals

-2.2%

IT Market


1 Year Return

20.6%

SICT

12.0%

IT Chemicals

-11.1%

IT Market

Return vs Industry: SICT exceeded the Italian Chemicals industry which returned 12% over the past year.

Return vs Market: SICT exceeded the Italian Market which returned -11.2% over the past year.


Shareholder returns

SICTIndustryMarket
7 Day-1.9%-1.8%-2.2%
30 Day5.9%2.2%0.5%
90 Day15.1%6.3%13.3%
1 Year26.3%20.6%15.7%12.0%-8.3%-11.1%
3 Year29.1%-8.8%10.7%-0.1%-3.9%-14.0%
5 Yearn/a69.0%43.1%25.4%-9.3%

Long-Term Price Volatility Vs. Market

How volatile is SICIT Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SICIT Group undervalued compared to its fair value and its price relative to the market?

31.83x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: SICT (€12.6) is trading above our estimate of fair value (€5.34)

Significantly Below Fair Value: SICT is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: SICT is poor value based on its PE Ratio (31.8x) compared to the XE Chemicals industry average (24.1x).

PE vs Market: SICT is poor value based on its PE Ratio (31.8x) compared to the Italian market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: SICT is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: SICT is overvalued based on its PB Ratio (2.9x) compared to the XE Chemicals industry average (2.1x).


Next Steps

Future Growth

How is SICIT Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

28.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SICT's forecast earnings growth (28.3% per year) is above the savings rate (1.9%).

Earnings vs Market: SICT's earnings (28.3% per year) are forecast to grow faster than the Italian market (21.6% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: SICT's revenue (11% per year) is forecast to grow faster than the Italian market (3.2% per year).

High Growth Revenue: SICT's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SICT's Return on Equity is forecast to be low in 3 years time (17.6%).


Next Steps

Past Performance

How has SICIT Group performed over the past 5 years?

-3.5%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: SICT has high quality earnings.

Growing Profit Margin: SICT's current net profit margins (13%) are higher than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if SICT's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: SICT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SICT had negative earnings growth (-3.5%) over the past year, making it difficult to compare to the Chemicals industry average (-12%).


Return on Equity

High ROE: SICT's Return on Equity (9.4%) is considered low.


Next Steps

Financial Health

How is SICIT Group's financial position?


Financial Position Analysis

Short Term Liabilities: SICT's short term assets (€48.3M) exceed its short term liabilities (€23.9M).

Long Term Liabilities: SICT's short term assets (€48.3M) exceed its long term liabilities (€2.8M).


Debt to Equity History and Analysis

Debt Level: SICT is debt free.

Reducing Debt: SICT had no debt 5 years ago.

Debt Coverage: SICT has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: SICT has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is SICIT Group current dividend yield, its reliability and sustainability?

3.88%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SICT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SICT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SICT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SICT's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SICT's dividend in 3 years as they are not forecast to pay a notable one for the Italian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Massimo Neresini

no data

Tenure

Engineer Massimo Neresini serves as Chief Executive Officer and Director of SICIT Group S.p.A. After graduating in 1981 with a 110/110 degree in Chemical engineering at the University of Padua, he qualifie...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SICIT Group S.p.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SICIT Group S.p.A.
  • Ticker: SICT
  • Exchange: BIT
  • Founded: 1960
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: €248.148m
  • Shares outstanding: 19.69m
  • Website: https://www.sicitgroup.com

Number of Employees


Location

  • SICIT Group S.p.A.
  • Via Arzignano 80
  • Chiampo
  • Vicenza
  • 36072
  • Italy

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SICTBIT (Borsa Italiana)YesOrdinary SharesITEURJul 2017

Biography

SICIT Group S.p.A. manufactures and sells amino acid and peptide-based fertilizers for agriculture and plaster industries in Italy. The company provides biostimulants in liquid and powder form; and retarde...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 20:12
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.